After giving breakout last week banknifty is managed to closed on a good note. and now heading towards 40000. One day closing above 38160 till take Banknifty to 38770, 38950. One day closing below 37150 will take Banknifty to 36950, 36550, 36290 As we can see INDIA VIX is rising so chances of a dip is very high. This dip is possible before 1st week of...
Banknifty can go up to 34750, 35050 and 36168. Buying zone will be 33750 to 33900. Wave B of wave ABC is corrective wave and it is under process that can go up to 33750 to 33850. If you find any bullish candle near this zone we can buy for above target. On the down side need to break Friday's low for down move. #banknifty